GE » Topics » RECITALS

This excerpt taken from the GE 8-K filed Oct 20, 2008.


A.        The Company. As of the date hereof, the Company has 13,200,000,000 authorized shares of Common Stock, $0.06 par value per share (“Common Stock”), and 50,000,000 authorized shares of Preferred Stock, $1.00 par value per share (“Preferred Stock”).


B.        The Issuance. The Company intends to issue in a private placement 30,000 shares of its 10% Cumulative Perpetual Preferred Stock, Series A (the “Preferred Shares”) and a warrant to purchase 134,831,460 shares of its Common Stock (the “Warrant” and, together with the Preferred Shares, the “Purchased Securities”) and the Investor intends to purchase from the Company the Purchased Securities.


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki